Hardware wallet users suffer social engineering scams, incurring heavy losses. In this round of scam attacks, the attacker successfully stole victims' funds through social engineering techniques, involving a total of $282 million in BTC and LTC. After the incident, the attacker immediately exchanged the stolen assets for privacy coins via a cross-chain DEX, triggering price fluctuations in related cryptocurrencies.

Specifically, the cross-chain operation of these funds was completed through a mainstream cross-chain protocol, which directly impacted the liquidity and price stability of privacy coins. Security experts warn that such incidents once again expose the vulnerability of hardware wallet users to social engineering attacks—even if private keys are stored offline, insufficient security awareness among users can still lead to catastrophic consequences.

Industry advice: Regularly review wallet security practices, be cautious of unfamiliar contacts, and improve the ability to recognize phishing tactics are essential measures to prevent such scams. Meanwhile, the rapid liquidity of cross-chain assets enhances user experience but also provides a convenient channel for large-scale thefts to quickly escape.